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Freestanding Dollar General Investment Property
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41 W Main St, Fonda, NY 12068

Dollar General investment property with renewal option in Fonda, NY.

Property Size8,125 SF
Price / SF$92.31
Days on Market178

Property Features for 41 W Main St

General Information

Standard status Active
Size 8,125 SF
Property subtype Retail
Occupancy 100%
Lease Type NN
Investment Type Net Lease
Net Operating Income $62,400

Building Details

Year Built 2005
Buildings 1
Stories 1
Tenancy Single
Listing Agency: Horvath & Tremblay
Listed By: Michael Mintz · License #IL
Source: Crexi
Added: Feb 25 Changed: Aug 8 Last Checked: Aug 21 at 2:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Horvath & Tremblay

Investment Insights

Based on property information with market context.

The freestanding Dollar General investment property is located at 41 W Main Street in Fonda, New York. Dollar General has been at this location since 2005 and has exercised several renewals. The lease has 4+ years remaining with one (1), 5-year renewal option. The lease includes a 9.6% rent increase at the start of the renewal option. The property is situated along W. Main Street (NY Route 5), Fonda’s primary retail and commuter artery, providing visibility and accessibility. Dollar General occupies a central in-town location, benefiting from proximity to area schools, the Fonda Fairgrounds, Fonda Speedway, established residential neighborhoods, local retailers and restaurants, and nearby industrial and manufacturing employers. The site offers connectivity with access to NY Routes 30A, 334, 31, 5S, and 116, and is located approximately 1.6 miles from Interstate 90 (New York State Thruway). Fonda is situated along the south bank of the Mohawk River, approximately 40 miles northwest of Albany and about 20 miles west of Schenectady. The property size is 8125 square feet.

Key Highlights

  • Freestanding Dollar General with 4+ years remaining on the current lease
  • Attractive 9.6% rent increase at the start of the 5‑year renewal option
  • Strategically located on W. Main Street (NY Route 5), Fonda’s primary retail and commuter artery

Property Analytics

Current Use

FedEx OnSite Postal Service Western Union Bank Dollar General Discount Store

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Plumbing Service Pharmacy Storage Facility Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

230
Businesses Nearby
26k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 95% Dining 5%
Cumberland Farms Shops & Services
8,964 visits/mo 0.1 miles
Dollar General Shops & Services
7,407 visits/mo 0.1 miles
Mobil Shops & Services
6,396 visits/mo 0.3 miles
NBT Bank Shops & Services
1,786 visits/mo 0.1 miles
SUBWAY Dining
1,395 visits/mo 0.1 miles

Demographics for 12068, NY

2,899
Population
1,138
Households
2.5
Avg Household Size
45
Median Age
18%
College-Educated
92%
High-School Grad
29.3 sq mi
ZIP Area
99
Density / Sq Mi
$73,050
Median Household Income
$44,893
Median Earnings
$848
Median Rent
$170,700
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Dollar General investment property with renewal option in Fonda, NY.
Where is this grocery and convenience store located?
The property is located at 41 W Main St Fonda, NY.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Freestanding Dollar General with 4+ years remaining on the current lease; Attractive 9.6% rent increase at the start of the 5‑year renewal option; Strategically located on W. Main Street (NY Route 5), Fonda’s primary retail and commuter artery
More about this property
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